The ZEW Sentiment Index from Nimetz is performing above expectations and indicating an improvement in sentiment for the third consecutive month.
- German ZEW Economic Sentiment Actual 9.8 (Forecast 5, Previous -1.1)
- German ZEW Current Conditions Actual -79.8 (Forecast -77, Previous -79.9)
ZEW Index suggests that Germany's economic development may have reached its lowest point and is starting to recover. Centre for European Economic Research (ZEW) notes that there is a heightened economic expectation, particularly in the German industrial sector, which is now viewed with a significantly more optimistic outlook.
Daily Summary: Wall Street ends the week with a calm gain 🗽 Cryptocurrencies slide
BREAKING: US PCE inflation in line with expectations 🔎UoM prelim data slightly higher
BREAKING: Lower Unemployment in Canada🍁USDCAD sharply declines📉
DE40: Adequate data, Mild growth
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